Catherine Shu, TechCrunch

Catherine Shu

TechCrunch

Taiwan, Province of China

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Recent articles by Catherine:

YC-backed Eden Farm wants to cut out the middlemen between farmers and restaurants in Indonesia –

Eden Farm is a startup with the ambitious goal of building a food distribution network for Indonesia, where many restaurants currently rely on markets for fresh ingredients. But this means high markups and unreliable supplies for restaurant owners and lower profits for farmers, co-founder and CEO David Gunawan tells TechCrunch. The company, part of Y […] → Read More

TransferWise’s debit card launches in Australia and New Zealand, with Singapore to follow –

International money transfer startup TransferWise’s debit card is now available in Australia and New Zealand, with a Singapore launch expected by the end of this year as the company expands its presence in the Asia-Pacific region. TransferWise’s debit card, which features low, transparent fees and exchange rates, first launched in the United Kingdom and Europe […] → Read More

YC-backed startup Binks can ship custom-made clothing to Indian women in just three days –

Binks is a custom clothing startup created after co-founder and CEO Aamna Khan realized how frustrating it is to find well-fitting women’s workwear in Indian cities. Currently participating in Y Combinator’s accelerator program, Binks solves the problem by using computer vision and machine learning to provide customers with clothing sewn to their measurements, shipped in […] → Read More

WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions –

Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures, the investment arm of state-owned Indonesian telecom Telkom Indonesia, Rakuten Capital and VentureSouq also participated as new strategic investors. According to Crunchbase, this brings QFPay’s total raised so […] → Read More

ByteDance launches a new search portal that returns a mix of results from the Web and its own platforms –

ByteDance has taken another step into search with the launch of a new search portal today. Called Toutiao Search, the portal is part of the website for Toutiao, the news aggregator owned by ByteDance, and currently optimized only for mobile. Though it is part of Toutiao’s website, the portal is separate from the Toutiao’s own […] → Read More

Google and Twitter are using AMD’s new EPYC Rome processors in their datacenters –

AMD announced that Google and Twitter are among the companies now using EPYC Rome processors during a launch event for the 7nm chips today. The release of EPYC Rome marks a major step in AMD’s processor war with Intel, which said last month that its own 7nm chips, Ice Lake, won’t be available until 2021 […] → Read More

In a 130-page court filing, Kik claims the SEC’s lawsuit “twists” the facts about its online token –

Kik Interactive has hit back at the Securities and Exchange Commission lawsuit that claims a $100 million token sale was illegal. The company, which owns Kik Messenger, filed a 130-page response today in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token, called […] → Read More

The Federal Reserve announces plans for a real-time payments system that will be available to all banks –

The Federal Reserve Bank announced today that it is developing a new service called FedNow that will allow all banks in the United States to offer 24/7 real-time payment services every day of the week. FedNow is expected to be available by 2023 or 2024 and will initially support transfers of up to $25,000. FedNow […] → Read More

Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian –

Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closing of a $20 million B1 round. In addition to new funding, the investment also gives Hong Kong-based CompareAsiaGroup access to Experian’s technology, including Experian One, a […] → Read More

Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten –

Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet giant Rakuten . Other investors in the round, which brings Fever’s total raised to $70 million, included Atresmedia, Accel and Michael Zeisser, the former chairman […] → Read More

Didi Chuxing’s autonomous driving unit is now an indepedent company –

Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ride-sharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has more than 200 employees in China and the United States. Didi’s announcement comes about a month after The Information reported that Didi was in talks with […] → Read More

Cloudflare will stop service to 8chan, which CEO Matthew Prince describes as a “cesspool of hate” –

Website infrastructure and security services provider Cloudflare will stop providing service to 8chan, wrote Matthew Prince in a blog post, describing the site as a “cesspool of hate.” Service will be terminated as of midnight Pacific Time. “The rationale is simple: they have proven themselves to be lawless and that lawlessness has caused multiple tragic […] → Read More

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China –

Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will be available to Didi and non-Didi drivers. The news of Didi and BP’s joint venture comes one week after […] → Read More

Education software maker Pearson says data breach affected thousands of accounts in the U.S. –

Pearson, the London-based educational software maker, said today that thousands of school and university accounts, mostly in the United States, were affected by a data breach. The company added that it has notified affected users already and that the vulnerability has been fixed. The Wall Street Journal reports that the data breach happened in November […] → Read More

Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute –

As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.6 billion), on consolidated revenue of 56.13 trillion won, slightly above the guidance it issued three […] → Read More

Yes, Slack is down –

Are your co-workers ignoring you? Welcome to my world! In your case, however, that is probably because Slack is currently down (as of about 11AM EST). According to its status page, some workspaces are experiencing issues with messages sending and loading. We're receiving reports about issues with messages sending and loading. Our team is on […] → Read More

Toyota invests $600 million in Didi, with the two setting up a new joint venture for driver services –

Didi Chuxing announced today that it has received new investment totaling $600 million from Toyota Motor Corporation. As part of the deal, the two companies will also set up a joint venture with GAC Toyota Motor to provide vehicle-related services to drivers on Didi’s ride-sharing platform. GAC Toyota itself is a joint venture between Toyota […] → Read More

Raena raises $1.82 million to help influencers in Southeast Asia launch their own consumer brands –

Raena, an Indonesian startup that helps social media influencers launch their own e-commerce brands, announced today that it has raised $1.82 million in seed funding. The round was led by Beenext, with participation from Beenos, Strive and the personal offices of Shailesh Rao, a partner with TPG Growth, and Sanjay Nath, managing partner of Blume […] → Read More

Indonesian startup Pomona raises $3 million to help brands increase engagement with cashback offers –

Pomona, an Indonesian startup that creates omnichannel marketing and sales software for consumer brands, announced today it has raised a Series A-2 of $3 million led by Vynn Capital. The round also included participation from new investors Ventech China and Amand Ventures, and returning ones Stellar Kapital and Central Capital Ventura. (As for why it’s […] → Read More

Known for its electric scooters, Gogoro moves toward its future as a mobility platform –

Since the launch of its first electric scooter in 2015, Gogoro co-founder and CEO Horace Luke has frequently been asked when the startup is going to expand beyond Taiwan. In its home country, Gogoro’s two-wheel vehicles, with their distinctive swappable battery system, are now the top-selling electric scooters. But Luke says the company has always […] → Read More